Monday, January 17, 2011

500 billion to form the City Club in China

 2010 is the dollars, plus at or near trillion yuan in Guangzhou and Shenzhen, the city GDP5000 million club has been formed.

Single city GDP

Into 500 billion times

These cities are in their respective regions the central city

They are bound to embark on such a level

Economics and Urban Management Research Center, Sichuan Province, vice president of the Regional Economic Research, said Dai Bin.

Integrated over public data: in 2010, the city of Chengdu is expected to achieve GDP of about 550 billion yuan, Wuhan's GDP is expected to achieve more than 520 billion yuan, Nanjing, Qingdao, Dalian, Shenyang and Ningbo are expected full year total production value exceeded 500 billion yuan, and Hangzhou is expected to reach 595 billion yuan or so. The eight cities are sub-provincial city, political and economic situation in the country has an important position.

Wuhan Academy of Social Sciences Institute of Urban Economy WU Yong Paul said: . Cities in the ring competition

Concentration to a certain size of these cities will start radiation

The future of competition depends more on the development of urban areas

In 15 sub-provincial cities, Guangzhou, Shenzhen, or GDP, has reached nearly one trillion yuan, in the sub-provincial city in the first group, far ahead. These cities are in the second group, the competition fierce.

GDP reached 500 billion yuan in the size, these cities and spontaneously developed in the Click here to plan, five years later, the city GDP turn into

depend more on the development of urban areas.

In fact, these cities are promoting the process of integration with the surrounding cities, such as the Economic Zone, Chengdu, Wuhan metropolitan area, such as Shenyang Economic Zone. integration will determine the future long-term development of these cities.

GDP data

No longer the only reference

Depends on structural data, such as industry structure, financial income

Midwest City's growth rate faster than the eastern coastal city

Not only that, WU Yong-Paul said, to measure the development level of a city can not just GDP data, but by structural data, such as industry structure, financial income, income indicators. GDP can not scale to evaluate the growth rate of the strength of a city's development.

In fact, these data also reflects a city phenomenon, the growth of cities in central and western faster in the eastern coastal cities. WU Yong Paul said: Of course, the without pulling the project, economic development will slow, but a lot of infrastructure is still outstanding loans. According to First Financial Daily

current members of the club

The first echelon (GDP at or near the scale of trillions)

Guangzhou, Shenzhen

Second echelon (GDP reached 500 billion more than the size)

Chengdu, Wuhan, Qingdao, Nanjing, Dalian, Hangzhou, Shenyang, Ningbo and other

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